MGT 2700 Lecture 3: Research Methodology Chapter 3 notes
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What is a theory? a supposition or a system of ideas intended to explain something, especially one based on general principles independent of the thing to be explained. Characteristics of a good theory: process, general, truthful, falsifiable, fertile. What is a hypothesis? a supposition or proposed explanation made on the basis of limited evidence as a starting point for further investigation. The logical process of deriving a conclusion about a specific instance based on a known general premise or something known to be true. Start with generalities and move to specifics. The logical process of establishing a general proposition on the basis of observation of particular facts. Start with specifics and move to generalities. Theory components: concepts and constructs: a name given to a generalized idea about a class of objects, attributes, occurrences or processes, principles: express the relationship between two or more concepts or constructs.
